TSX-V: DAU

TSXV: DAU

Market Price: $0.07
| Gold

: XAU/USD

Market Price: $2,359.73

The SMSZ Project

Desert Gold's flagship SMSZ Project overlies a 38 km section of West Africa’s prolific Senegal Mali Shear Zone which is related to 4 tier one gold mines including B2 Gold's Fekola Mine, Barrick's Gounkoto and Loulo Mines and Allied Gold's Sadiola and Yatela Mines.

At 410km2 the Company’s SMSZ Project is one of the largest gold exploration projects in Western Africa. With 20+ open gold zones discovered to date that require follow up and numerous targets yet to be tested, the SMSZ Project has the potential for the discovery of a major gold deposit(s) consistent with the region’s tier 1 gold mines.

Mali map Mali map

Gourbassi East Drill Plan

Exploration Targets

Gourbassi East

The Gourbassi East Zone consists of at least seven, north-northeast trending lenses of gold mineralization up to 37 metres wide, that have been traced for approximately 800 metres along strike to 170 metres depth.

The deepest hole returned 7.49 g/t gold
over 11 metres (true width approximately 6 metres). This zone is dominantly hosted by pyritic, quartz-veined, sericitic, high titanium, intermediate volcanic rocks. Felsic volcanics have been noted in the area, but, their relationship with the mineralized zones is uncertain.

Magnetic and mapping data, indicates that the thickest part of the gold zone lies near a northerly-trending, shear zone contact with a northwesterly-trending magnetite iron formation.

Induced polarization resistivity high anomalies, correlate quite well with the trend of the gold mineralized lenses. Additional exploration targets exist along this resistivity high trend, for another 800 metres to the south, where previous holes returned up to 0.57 g/t gold over 8 metres (approximately 5 metres true thickness).

9 holes totalling 1,500 metres are planned for early 2021 to follow up on previous intercepts and test conceptual targets. Additional holes will be completed, pending results.